$SKY Technical Update

Current Price: Trading at $0.076–$0.078, showing a recovery trend after a period of low-liquidity consolidation.

Support Levels: Immediate support is holding at $0.072, with a secondary "accumulation floor" established at $0.066.

Resistance Targets: Facing a major breakout hurdle at $0.078; a clean daily close above this level targets the $0.085–$0.090 range.

Technical Indicators: The RSI is neutral at 37 on short timeframes, while the price remains supported by the 50-day SMA ($0.0678), signaling a long-term bullish trend.

Ecosystem Growth: Fundamental strength is rising as TVL surged 38% in March to $7.52 billion, making Sky the 4th largest DeFi protocol.

$SKY

SKY
SKY
0.07344
-5.95%

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